HomeAnalysisMotorsportGlobal

MSC Cruises and Salesforce headline quartet of F1 additions

(Photo by Clive Mason/Getty Images)

Formula 1 has added at least $78.5m (€72.1) in sponsorship portfolio value via four new deals announced over the last two months, SportBusiness understands.

Headlining the quartet of deals were agreements with MSC Cruises and software company Salesforce, both of which joined F1’s top-tier global partner level. Further down the portfolio, consumer electronics brand Lenovo joined at Official Partner level and Red Bull-owned clothing brand AlphaTauri became an Official Supplier.

You need to have a subscription to access this content

If you would like more information on our Sponsorship product please contact our sales team

Already have an account? Sign in here

Most recent

Anneliese Mesilati, head of brand activation and sponsorship for UBS in the Americas, speaks about the firm's sponsorship of the New York Islanders hockey-specific stadium and the company's deal with the Mercedes F1 team. Ben Cronin reports.

The NBA generated $760.3m in sponsorship income in 2022-23, renewing four contracts and agreeing two new deals with Hisense and Sorare. Matthew Glendinning provides detailed analysis of its commercial portfolio.

The FIGC has maximised its 'mobility' sector sponsorship income by signing deals with Telepass and VW Italia. Matthew Glendinning reports.

Heineken was prompted to move fast to renew its Global Partner deal with Formula 1 after finding out rival brewer AB InBev was also interested in securing the rights. Ben Cronin reports.